CHAPTER – 33 / Bollinger Bands Indiacator / Intraday Trade / Equity / Commodity /Currency

CHAPTER – 33 /Bollinger Bands Indiacator உபயோகித்தது எப்படி Trade செய்யலாம்

Bollinger Bands

Introduced by John Bollinger in the 1980s, Bollinger bands (BB) is perhaps one of the most useful indicators used in technical analysis. BB are used to determine overbought and oversold levels, where a trader will try to sell when the price reaches the top of the band and will execute a buy when the price reaches the bottom of the band.

Bollinger Bands are a technical analysis tool, specifically they are a type of trading band or envelope. Trading bands and envelopes serve the same purpose, they provide relative definitions of high and low that can be used to create rigorous trading approaches, in pattern. recognition, and for much more.

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